Kirk Kapital delivers strong results in turbulent year

2020 was, once again, a successful year for the family-owned investment company Kirk Kapital. The company’s Investment Result was DKK 486 million.

“2020 has been a turbulent year, heavily impacted by the effects of Covid-19. Despite the circumstances we have delivered a great result again in 2020,” says Kim Gulstad.

With a result of DKK 486 million, Kirk Kapital’s equity grows to DKK 5,450 million and total assets constitute DKK 6,236 million.

“Besides being pleased with this year’s result, we are proud of the successful completion of several larger transactions including the divestment of PNO and the acquisition of 40 pct. of DTE and 45 pct. of Danske Stenhuggerier,” says Kim Gulstad.

“We are now measured against the highest standards as any other professional asset manager in relation to e.g. compliance, reporting, risk adjusted returns and ESG,” says Kim Gulstad.

Read the Annual Report 2020 here